Dimon Criticizes Biden Administration Delays of LNG Projects, Calling it Enormously Naïve

• Dimon says delays of LNG projects done to pacify those who want to stop oil and gas, calls it “wrong” and “enormously naïve”

• Sees replacing coal with natural gas as one of the best ways to reduce emissions in coming decades

• Calls LNG exports an economic boon for U.S. and important for allied nations needing affordable energy

• Biden administration freeze on approvals for pending LNG projects goes against U.S. domestic energy as power advantage

• White House says U.S. producing record oil and gas while transitioning to cleaner energy